Military Cybersecurity Market Size, Share & Forecast Analysis to 2030

Future Military Cybersecurity Market: Key Dynamics, Size & Share Analysis

The Global Military Cybersecurity Market size was valued at around USD 15.5 billion in 2023 & is estimated to grow at a CAGR of around 6.6% during the forecast period, i.e., 2024-30. The market growth is attributed to the growing defense spending and the significant increase in developing and upgrading cybersecurity capabilities. Also, the rising threat of cyber-attacks which are becoming more frequent than ever due changing warfare landscape from kinetic to non-kinetic warfare involving state-sponsored cyber-attacks.

Top Market Driver Impacting the Military Cybersecurity Market Growth

Surge in Global Cyber Threats – The growing number of cyber-attacks on military assets and systems has significantly increased in recent years, as any such breaches will greatly impact the operational capabilities and strategic advantages of the military. Hence, militaries across the world are realizing the need for a cyber-security system to guard against such threats, prompting them to invest heavily in acquiring such abilities. This system comes with the latest technologies such as AI and ML which can automatically identify any such breaches on the friendly networks and assets and raise alerts as well as prepare counter responses for it.

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Understanding the Core Segments in the Military Cybersecurity Market

Military Cybersecurity Market Size, Share & Industry Trends Analysis- By Security Type (Network Security, Cloud Security, Endpoint Security, Application Security, Data Security, Others), By Solution (Threat Intelligence and Response, Identity and Access Management, Data Loss Prevention Management, Security and Vulnerability Management, Unified Threat Management, Enterprise Risk and Compliance, Others), By Services (Professional Services, Managed Services, Training and Education), By Deployment, (On-premises, Cloud), By End User (Land Force, Naval Force, Air Force), and Others.

Geographical Analysis of the Military Cybersecurity Market

By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific.

Who Dominates the Military Cybersecurity Market Insights on Key Industry Players?

Companies are strengthening their presence in the Military Cybersecurity market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.

  • Lockheed Martin
  • Northrop Grumman
  • BAE Systems
  • Raytheon Technologies
  • Thales Group
  • Airbus
  • General Dynamics
  • Booz Allen Hamilton
  • IBM Corporation
  • Intel Corporation
  • Cisco Systems Inc.
  • L3Harris Technologies
  • Palantir Technologies
  • Sopra Steria
  • Leidos
  •  

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